Yesterday’s closing dated –23/01/2024
◾London White Sugar – 669.80s (+6.80)
◾NYBOT Raw Sugar #11 – 23.75s (+0.25)
◾USD/BRL-4.9540 (0.0005)
◾USD/INR – 83.1500 (+0.0850)
◾Brent Crude – 79.55 (-0.51)
◾BSE Sensex – 70370.55 (-1053.10)
◾NIFTY50 – 21238.80 (-333.00)
Sugar prices on Tuesday climbed to 1-1/2 month highs and settled moderately higher. Smaller sugar production in India pushed prices higher Tuesday after the ISMA reported India’s 2023/24 sugar output during the Oct -Jan 15 period fell -5.3% y/y to 14.95 MMT.
